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South Korea's low fertility won't slow down housing prices in time
(www.stoppopulationdecline.org)
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this post was submitted on 17 Aug 2023
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urbanism
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This was supposed to be c/traingang, so post as many train pictures as possible.
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Your wealth or lack there of has no meaning unless there's people to perpetrate the capitalist cycle. Less people means less people without established capital. If your new people amount is lower than the dying out people amount you get empty housing which you therefore cannot pretend to have more value than it does. Furthermore, aging capitalists need a work force to take care of them. Humans live longer and longer, especially the rich. Without surplus of workforce it's hard to staff these positions. And so on and so on.